This pandemic has had us all reassessing our future plans; personally, professionally, and in some cases geographically! Tom Sturdevant and his family decided that relocating from New Jersey to Maine was the right next step for them. Having summered here over the years they were ready to make it home full time and were looking to open a dual restaurant and market. He explored several options before settling on a property in Fryeburg, and when he approached Franklin Savings Bank for financing he was referred to the Maine SBDC for help with his application.
Maine SBDC at CEI Business advisors Jenn Stein, whose expertise is in restaurants and food based businesses, helped Tom look at the big picture and create a long term plan for rolling out his ideas. Then Maine SBDC at AVCOG Business Advisor Lori Allen, who works with businesses in Oxford county, stepped in to help with the written narrative and financial projections. In the spring he was approved for his bank loan and the AVCOG loan program provided the additional gap funding needed to complete the budget. In October 2021 Fryeburg Kitchen and Market officially opened its doors providing oysters, lobsters and much more! They have new daily menus and offerings for lunch and dinner, from their raw bar to their children’s menu there’s something for everyone. To learn more or to view the most recent menu and hours visit their Facebook Page.